Author Archives: radiofreemarket

Re: Message from Yellen is full speed ahead on the stimulus Dear Sirs: If Ms. Yellen “does not believe that the trillions in stimulus money the Fed has injected into the financial system…had created a bubble…”, then why is she … Continue reading →

Hyperinflation is the complete breakdown in the demand for a currency, which means simply that no one wishes to hold it.  Everyone wants to get rid of that kind of money as fast as possible.  Prices, denominated in the hyper-inflated … Continue reading →

What the media calls a “currency war”, whereby nations engage in competitive currency devaluations in order to increase exports, is really “currency suicide”.  They engage in the fallacious belief that weakening one’s own currency will improve their products’ competitiveness in … Continue reading →

My wife and I lived in England from 1971 to 1975, when I was in the Air Force.  I was stationed at RAF Upper Heyford, just north of Oxford.  We lived in an apartment in Oxford.  About three or four … Continue reading →

Re: The Mutilated Economy, by Paul Krugman Dear Sirs: Paul Krugman’s economics can be summarized as simply a childish desire to consume capital.  Once viewed in this light, one may understand how little Krugman really has to say about economics.  … Continue reading →

Re:  Those Depressing Germans, by Paul Krugman Dear Sirs: Paul Krugman’s Keynesian view of the world has caused him to champion two of the most damaging economic policies of the 1920’s and ’30’s–monetary stimulus and national autarchy.  His incessant call … Continue reading →

Re: Southern Europe is on a precipice, by Ambrose Evans-Pritchard The London Telegraph’s influential economics columnist Ambrose Evans-Pritchard (AEP) perpetuates one of the greatest and most dangerous economic fallacies in the world today–that a country can improve its economic performance … Continue reading →

Re: Europe moves nearer Japan-style deflation trap, by Ambrose Evans-Pritchard What a bunch of nonsense!  If Japan had not initiated its famous bubble in the first place, it would not have to fear deflation and it would not still be … Continue reading →

Re: Central Banks Make Swaps Permanent as Crisis Backstop Rather than backstop and mitigate a crisis, these currency swaps will cause the crisis to spread.  This is a typical socialist solution, perpetrated by today’s preeminent socialist institutions–central banks.  Permanent currency … Continue reading →